NEW YORK: Chipmaker National Semiconductor Corp. and wireless products
company Proxim Inc. on Thursday said they formed a partnership to develop
wireless home networking products.
The partnership follows last week's Federal Communications Commission
decision to increase bandwidth for frequency-hopping, spread-spectrum wireless
technology, the companies said.
This will allow the companies to create new wireless modem products that
allow fast, secure Internet access, multimedia, gaming and wireless telephony
and work over distances of up to 150 feet, they said.
They will be able to accelerate wireless home networking from the current
speeds of 1.6 megabits a second to more than 10 megabits a second, National
Semiconductor and Proxim added in a statement.
Financial details of the partnership and the timing of the launch were not
disclosed in the statement.
Shares of Santa Clara, Calif.-based National Semiconductor closed at $44-3/16
on Wednesday on the New York Stock Exchange. Shares of Sunnyvale, Calif.-based
Proxim closed at $59-7/8 on the Nasdaq stock market.
(C) Reuters Limited 2000.